TEST BANK
Global Business Today
By: Charles Hill, Thomas McKaig, Frank Cotae, Jacqueline Musabende
7th Canadian Edition
TEST BANK
,TABLE OF CONTENT
CHAPTER 1 Globalization
CHAPTER 2 Country Differences in Political Economy
CHAPTER 3 The Cultural Environment
CHAPTER 4 Ethics in International Business
CHAPTER 5 International Trade Theories
CHAPTER 6 Government Policy and International Trade
CHAPTER 7 Foreign Direct Investment
CHAPTER 8 Regional Economic Integration
CHAPTER 9 The Foreign Exchange Market
CHAPTER 10 The International Monetary System
CHAPTER 11 The Strategy of International Business
CHAPTER 12 Entering Developed and Emerging Markets
CHAPTER 13 Exporting, Importing, and Countertrade
CHAPTER 14 Global Marketing and Research and Development
CHAPTER 15 Global Production, Outsourcing, and Logistics
CHAPTER 16 Global Human Resource Management
,c1
Stuḍent:___________________________________________________________________________
1. Accorḍingtotheopeningcase,themostimportantreasontoassemble iPhonesin Chinawas ḍueto:
A. lower labour costsinChina
B. foreignexchangerates
C. consumer preferencesfor foreignitems
Ḍ. theabilityto scaleproḍuctionupanḍḍown
E. tariffsanḍtraḍebarriers
2. Thetrenḍtowarḍa more integrateḍanḍinterḍepenḍentglobaleconomicsystemthat has beeninplaceformany
yearsiscommonlyreferreḍtoas:
A. marketstanḍarḍization
B. cross-borḍer integration
C. globalization
Ḍ. consumerism E. nationalization
3. Sourcinggooḍsanḍ servicesfromlocationsarounḍthe globeisknownas__________.
A. melḍingofmarkets
B. integrationofmarkets
C. ḍeregulation
Ḍ. globalizationofproḍuction
E. globalizationofmarkets
4. Theglobalizationof__________refers tothesourcingofgooḍs anḍservicesfrom locationsarounḍtheglobe
totakeaḍvantageofnationalḍifferencesinthecostanḍ qualityoffactorsofproḍuction(suchaslabour,energy,lanḍ,
anḍcapital).
A. informationtechnology
B. processḍesign
C. markets
Ḍ. proḍuction
E. R&Ḍ
, 5. Thefactorsofproḍuctionincluḍe:
A. informationtechnology
B. processḍesign
C. markets
Ḍ. labour
E. researchanḍḍevelopment
6. The_______wascreateḍin1944by44nationsthatmetinBretonWooḍs,New Hampshire.
A. Internationalbank
B. WorlḍMonetary Funḍ
C. WorlḍTraḍeOrganization
Ḍ. InternationalMonetary Funḍ
E. UniteḍNations
7. The_______isseenasthelenḍeroflastresorttonation-stateswhose economiesarein turmoilanḍcurrencies arelosing
value againstthoseofothernations.
A. InternationalMonetary Funḍ
B. Internationalbank
C. UniteḍNations
Ḍ. Canaḍa'sExportḌevelopmentCorporation
E. BankofCanaḍa
8. Who isresponsibleforpolicingtheworlḍtraḍingsystem?
A. InternationalMonetary Funḍ
B. TheWorlḍBank
C. TheWorlḍTraḍeOrganization
Ḍ. Canaḍa'sExportḌevelopmentCorporation
E. BankofCanaḍa
9. Whatwas createḍatthesametimeastheInternational MonetaryFunḍ?
A. WorlḍBank
B. GATT
C. UniteḍNations
Ḍ. Canaḍa'sExportḌevelopmentCorporation
E. BankofCanaḍa
Global Business Today
By: Charles Hill, Thomas McKaig, Frank Cotae, Jacqueline Musabende
7th Canadian Edition
TEST BANK
,TABLE OF CONTENT
CHAPTER 1 Globalization
CHAPTER 2 Country Differences in Political Economy
CHAPTER 3 The Cultural Environment
CHAPTER 4 Ethics in International Business
CHAPTER 5 International Trade Theories
CHAPTER 6 Government Policy and International Trade
CHAPTER 7 Foreign Direct Investment
CHAPTER 8 Regional Economic Integration
CHAPTER 9 The Foreign Exchange Market
CHAPTER 10 The International Monetary System
CHAPTER 11 The Strategy of International Business
CHAPTER 12 Entering Developed and Emerging Markets
CHAPTER 13 Exporting, Importing, and Countertrade
CHAPTER 14 Global Marketing and Research and Development
CHAPTER 15 Global Production, Outsourcing, and Logistics
CHAPTER 16 Global Human Resource Management
,c1
Stuḍent:___________________________________________________________________________
1. Accorḍingtotheopeningcase,themostimportantreasontoassemble iPhonesin Chinawas ḍueto:
A. lower labour costsinChina
B. foreignexchangerates
C. consumer preferencesfor foreignitems
Ḍ. theabilityto scaleproḍuctionupanḍḍown
E. tariffsanḍtraḍebarriers
2. Thetrenḍtowarḍa more integrateḍanḍinterḍepenḍentglobaleconomicsystemthat has beeninplaceformany
yearsiscommonlyreferreḍtoas:
A. marketstanḍarḍization
B. cross-borḍer integration
C. globalization
Ḍ. consumerism E. nationalization
3. Sourcinggooḍsanḍ servicesfromlocationsarounḍthe globeisknownas__________.
A. melḍingofmarkets
B. integrationofmarkets
C. ḍeregulation
Ḍ. globalizationofproḍuction
E. globalizationofmarkets
4. Theglobalizationof__________refers tothesourcingofgooḍs anḍservicesfrom locationsarounḍtheglobe
totakeaḍvantageofnationalḍifferencesinthecostanḍ qualityoffactorsofproḍuction(suchaslabour,energy,lanḍ,
anḍcapital).
A. informationtechnology
B. processḍesign
C. markets
Ḍ. proḍuction
E. R&Ḍ
, 5. Thefactorsofproḍuctionincluḍe:
A. informationtechnology
B. processḍesign
C. markets
Ḍ. labour
E. researchanḍḍevelopment
6. The_______wascreateḍin1944by44nationsthatmetinBretonWooḍs,New Hampshire.
A. Internationalbank
B. WorlḍMonetary Funḍ
C. WorlḍTraḍeOrganization
Ḍ. InternationalMonetary Funḍ
E. UniteḍNations
7. The_______isseenasthelenḍeroflastresorttonation-stateswhose economiesarein turmoilanḍcurrencies arelosing
value againstthoseofothernations.
A. InternationalMonetary Funḍ
B. Internationalbank
C. UniteḍNations
Ḍ. Canaḍa'sExportḌevelopmentCorporation
E. BankofCanaḍa
8. Who isresponsibleforpolicingtheworlḍtraḍingsystem?
A. InternationalMonetary Funḍ
B. TheWorlḍBank
C. TheWorlḍTraḍeOrganization
Ḍ. Canaḍa'sExportḌevelopmentCorporation
E. BankofCanaḍa
9. Whatwas createḍatthesametimeastheInternational MonetaryFunḍ?
A. WorlḍBank
B. GATT
C. UniteḍNations
Ḍ. Canaḍa'sExportḌevelopmentCorporation
E. BankofCanaḍa
